Overview
What is Cape Regional Health System Inc?
Cape Regional Health System Inc, a 501(c)(3) tax-exempt organization located in Cape May Court House, New Jersey, operates as a parent organization for an integrated healthcare delivery system. Their mission is to continuously develop and manage this system, providing medically necessary healthcare services to all individuals, regardless of factors such as race, color, creed, sex, national origin, or ability to pay. The organization, which includes Cape Regional Medical Center, Inc., operates in a non-discriminatory manner and is committed to serving the community's health needs.
Official website here: www.caperegional.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
Cape Regional Health System Inc has received a low rating primarily due to its poor performance in the Program Expense Ratio and Liabilities to Assets Ratio metrics. While the organization boasts a strong Accountability & Finance score with excellent governance practices, these financial metrics indicate potential inefficiencies in utilizing resources towards its programs.
Strengths of Cape Regional Health System include a fully independent board, with 88% of members being independent, and comprehensive policies in place covering conflicts of interest, whistleblowing, and document retention. The organization also maintains transparency by listing its website on its tax forms and documenting board meeting minutes.
However, the concerning financial ratios, specifically a Program Expense Ratio of 0.00% and a Liabilities to Assets Ratio of 6.68%, raise questions about the effectiveness of its program spending and overall financial health. These factors contribute significantly to the overall low score, suggesting that while the governance structure is solid, the organization's financial practices may need substantial improvement to enhance its impact and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Cape Regional Health System Inc legitimate?
Cape Regional Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape Regional Health System Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.caperegional.com
What is the mission statement of Cape Regional Health System Inc?
Cape Regional Health System Inc's mission is to continuously develop and manage an integrated healthcare delivery system. This system encompasses Cape Regional Medical Center, a tax-exempt hospital organization under Section 501(c)(3) of the Internal Revenue Code. The organization provides medically necessary healthcare services to individuals, irrespective of their race, color, creed, sex, national origin, or inability to pay. It is committed to serving all individuals with equality and ensuring accessibility to healthcare services. For more details, one can refer to the community benefit statement included in Schedule O.
Official website here: www.caperegional.com
Who is the CEO of Cape Regional Health System Inc?
Joanne Carrocino Fache is the Trustee - President/Ceo Crmc of Cape Regional Health System Inc. The CEO's salary of Cape Regional Health System Inc is $0 and their total compensation is $922,606.
Official website here: www.caperegional.com
What is the revenue of Cape Regional Health System Inc?
Cape Regional Health System Inc's revenue in 2022 was $38,985.
Official website here: www.caperegional.com
Who are the executives of Cape Regional Health System Inc and what are their salaries?
There 15 volunteers at Cape Regional Health System Inc.
Here are 17 key members and their salaries (Cape Regional Health System Inc's CEO's salary is $0 and their total compensation is $922,606):
- Compensation: $0
- Related: $853,045
- Other: $69,561
- Compensation: $0
- Related: $475,589
- Other: $66,649
- Compensation: $0
- Related: $2,500
- Other: $0
- Compensation: $0
- Related: $2,500
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.caperegional.com
Where can I find the form 990 for Cape Regional Health System Inc?
Cape Regional Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caperegional.com
Learn more at the official website: www.caperegional.com
Mission Statement of Cape Regional Health System Inc
Cape Regional Health System Inc, as a mission-driven organization, is committed to continuously developing and operating a tax-exempt integrated healthcare delivery system. This system encompasses Cape Regional Medical Center Inc, a 501(c)(3) tax-exempt hospital that provides medically necessary healthcare services to individuals, irrespective of their race, color, creed, sex, national origin, or ability to pay. The organization's mission is to ensure that it operates this comprehensive healthcare system effectively, providing essential medical care to all individuals who require it. It's important to note that Cape Regional Health System Inc adheres to a non-discriminatory policy, ensuring that everyone has equal access to its healthcare services. The organization's community benefit statement, included in Schedule O, provides further details about its operations and commitment to serving its community.
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Impact
August, 2024
Cape Regional Health System Inc, operating as a tax-exempt integrated healthcare delivery system, including Cape Regional Medical Center Inc, plays a crucial role in providing medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin, or ability to pay. This impact is significant as it ensures that essential healthcare services are accessible to the community at large, emphasizing inclusivity and equality in healthcare provision. Through their mission to continually develop and operate this integrated system, Cape Regional Health System Inc contributes to the well-being and health of individuals in Cape May Court House, NJ, and beyond.
This information is meant to be a general summary of Cape Regional Health System Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $88,184
- Gross Receipts: $1,516,466
Assets and Liabilities:
- Total Assets: $59,772,296
- Total Liabilities: $3,992,891
- Net Assets: $55,779,405
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Organization Details
Founding Year
1984
Phone
(609) 463-2471Principal Officer
Joanne Carrocino Fache
Main Address
2 STONE HARBOR BOULEVARD, CAPE MAY COURT HOUSE, NJ, 08210
Website
www.caperegional.comNTEE Category
Code: E21 - Health
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